Things To Watch Out For Days Before Bitcoin Halving

Leading cryptocurrency Bitcoin (BTC), days before the historic block prize halving, experts pointed out important points to note.

Bitcoin Halving Is So Soon

Only 8 days left before the historical block prize halving event expected to take place on 12 May. After this event, the "0 km" Bitcoin (BTC) supply paid to the miners will decrease by 50% per block and drop to 6.25 BTC. This 50 percent drop will bring major changes in the market, as in the previous two half-time events. Bitcoin's stock-flow model explains this process perfectly. PlanB, the owner of the stock-flow model, had published some charts on this subject. https://twitter.com/100trillionUSD/status/1257236530130796550?s=20 In the fight against the coronavirus epidemic, conflicts between the USA and China and big claims also affect investors. As a result, there are some fluctuations in Bitcoin. On the S&P 500 and Dow Jones exchanges on the market, futures had a 3% depreciation and a similar drop was seen in the BTC / USD pair. Despite these, key data in the Bitcoin (BTC) market are showing signs of an upward trend despite fluctuations. The hash rate and difficulty level tend to go up to levels not seen before.